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Best Buy Co., Inc. Message Board

  • stockguy18 stockguy18 Sep 3, 2013 3:00 PM Flag

    can anybody explain what's going on?

    no matter what happens this one is just going up, tries to come down a little but looks some one is supporting the price

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    • I can't explain the rally but if I owned it I would wait to sell. I think people are just watching it go up and I can't blame them. I think it very unreasonable but I can't blame them. Maybe some "funds" are buying for the Sept 10th dividend payout? And I'm guessing current holders are going to hold until dividend. I think your #$%$ to buy at this price and that it's way overvalued and the people buying now will get crushed but if I already owned I would have my trailing stop and congrats to longs who got in early...

      Sentiment: Sell

35.33-0.06(-0.17%)Apr 27 4:04 PMEDT